NY S07173 | 2011-2012 | General Assembly
Status
Spectrum: Bipartisan Bill
Status: Introduced on May 1 2012 - 25% progression, died in committee
Action: 2012-05-01 - REFERRED TO BANKS
Pending: Senate Banks Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on May 1 2012 - 25% progression, died in committee
Action: 2012-05-01 - REFERRED TO BANKS
Pending: Senate Banks Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Provides that every banking institution which maintains checking accounts for customers shall pay checks in the order received within account balance; provides such banks may dishonor check for insufficient funds, but then must honor smaller checks within amounts on deposit minus the first overdraft charge in the subject account.
Title
Provides that every banking institution which maintains checking accounts for customers shall pay checks in the order received within account balance; provides such banks may dishonor check for insufficient funds, but then must honor smaller checks within amounts on deposit minus the first overdraft charge in the subject account.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2012-05-01 | Senate | REFERRED TO BANKS |
Same As/Similar To
A03558 (Same As) 2012-05-22 - held for consideration in codes
